United States

Koustav Samanta

India's fuel demand to grow at over 4% through 2030 - Nayara Energy

Sep 10 2019

SINGAPORE India's overall fuel demand will rise by more than 4% a year to 2030 as the country's improved road transport network stokes demand for gasoil, the head of oil and gas group Nayara Energy said on Tuesday.

New emission norms for ships: Dirty fuel oil down but not out

Sep 09 2019

SINGAPORE Asia's spot premium for 380-centistoke (cst) high-sulfur fuel oil (HSFO) is expected to ease gradually from its recent record highs as shippers adopt cleaner marine fuels next year to meet new, tougher rules on emissions from ships.

Cheaper compliant fuel oil stalks gasoil's lead in IMO 2020 switch

Sep 05 2019

SINGAPORE When new global rules limiting the amount of sulfur in shipping fuels were announced, marine gasoil (MGO), a type of diesel fuel used on ships, was declared the early winner since most types readily met the new 0.5% limit on sulfur content.

Asia fuel oil spot premium at record, market says last sputter before dying out

Sep 05 2019

SINGAPORE, Sept 5 Asia's spot premium for marine fuel benchmark 380-centistoke (cst) high-sulphur fuel oil (HSFO) has touched record highs this week as shippers clamoured for limited supplies ahead of a sulphur cap in shipping fuels that starts next year.

Europe set to buy more Asian gasoil as shippers switch to cleaner fuels

Sep 02 2019

SINGAPORE More Asian gasoil is expected to head to Europe as buyers take advantage of the biggest seasonal price gap between the two regions in at least seven years to build up stocks ahead of a switch to cleaner marine fuels, traders and ship brokers said.

RPT-Asian refiner profits hammered by free-fall in fuel oil margins

Aug 25 2019

* Weakened global economy, poor fuel demand could weigh -analysts

Asian refiner profits hammered by free-fall in fuel oil margins

Aug 23 2019

SINGAPORE Asian refining margins have tumbled more than 50% since mid-July on anticipation of plummeting demand for high sulfur fuel oil (HSFO) ahead of a shift to cleaner marine fuels next year.

Oil prices rise after U.S. crude stocks draw

Aug 21 2019

SINGAPORE, Aug 22 Oil prices rose on Thursday following a drawdown in U.S. crude inventories, but gains in fuel inventories and persistent concerns over the global economy and future demand outlook capped gains.

UPDATE 3-Oil prices rise, but U.S.-China trade tensions drag

Aug 06 2019

* Traders look to U.S. inventory data (Adds comment, updates prices)

Asia jet fuel premiums at highest seasonal peak since 2013, but may soon fade

Aug 06 2019

SINGAPORE Asian jet fuel buyers are paying the highest cash premiums for this time of year since 2013 amid a short-term supply shortage, but the values are likely to fade as late summer travel demand slumps in coming weeks and refiners ramp production back up.

World News